Eliminating debt is an important first step to achieving financial freedom. Many paths can bring you to what seems like an insurmountable amount of debt. Chapter 7 bankruptcy can be a solution for overcoming certain debts, but you’ll want to properly undergo this process. Doing so requires working with a professional attorney. Contact Leinart Law Firm today to speak with our DeSoto, TX Chapter 7 bankruptcy lawyer!
DeSoto, TX Chapter 7 Bankruptcy Lawyer
Chapter 7 is a type of bankruptcy that people use to eliminate different forms of debt. Using this form of bankruptcy, you can discharge unsecured debts, including credit card debts, personal loans, and medical bills. While using Chapter 7 bankruptcy can be a game-changer, there are definitely considerations to be made.
Most people are hesitant to use this type of bankruptcy because they’re afraid that they’ll have to give up their property, such as their house or car. However, needing to do so is rare. While Chapter 7 bankruptcy can’t completely protect you from foreclosure or repossession, most people don’t have to worry about losing their property when filing.
For the best results, you’ll want to work with our legal team. We’ll work with you to help determine if bankruptcy is a viable option and if you qualify for Chapter 7 bankruptcy. To qualify, your income will need to be equal to or below the state’s median income level. If your income exceeds this level, you’ll have to undergo means testing.
This type of bankruptcy is ideal for people with a lot of credit card and/or medical debt, who don’t have enough money to pay off their debts, don’t own property, or are current on their house and car payments, and who have a low credit score. Our team can guide you through the entire process.
Experience Matters For Chapter 7 Bankruptcy
Chapter 7 bankruptcy can help a debtor have a fresh start, but you want to work with our experienced DeSoto Chapter 7 bankruptcy lawyer to make it happen.
- Our managing attorney, Marcus Leinart, first opened up our law firm in 2005 with the desire to represent individuals. He works hard to help individuals and their families get through hard financial times. Besides helping families with bankruptcy, he also specializes in personal injury cases.
- Our team brings over a decade of legal experience to every case we tackle. We make sure to provide a specialized plan that makes the most sense for every client we represent. We can help prevent issues like wage garnishment, which is a common problem that individuals might face when dealing with massive credit card or medical debt. We can help halt creditors from garnishing your wages and get you on a realistic payment plan.
Most people deal with financial hardships, and sometimes the best way to overcome these hardships is through bankruptcy. Discover if Chapter 7 bankruptcy is the right option for you and your family by calling Leinart Law Firm today to speak with our DeSoto Chapter 7 bankruptcy lawyer!
